AI to Boost Job Creation, Says Built In CEO Maria Katris at ET World Leaders Forum
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ET World Leaders Forum | AI will lead to increased job creation: Built In CEO Maria Katris
Speaking during the startup panel "Catalysts of Change: Crafting the Future Through Startups", Nikhil Goel, CCO, Archer Aviation and cofounder of Uber Elevate, said India has an opportunity for better infrastructure. "India has an incredible history, if you look empirically, of leapfrogging into new technologies. Over the last year, venture capital investors are seeing value in India's market and are excited about the opportunity here," Goel said.
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ET World Leaders Forum | AI will lead to increased job creation: Built In CEO Maria Katris
Speaking during the startup panel "Catalysts of Change: Crafting the Future Through Startups", Nikhil Goel, CCO, Archer Aviation and cofounder of Uber Elevate, said India has an opportunity for better infrastructure. "India has an incredible history, if you look empirically, of leapfrogging into new technologies. Over the last year, venture capital investors are seeing value in India's market and are excited about the opportunity here," Goel said.India is poised to become the global centre of tech innovation, said Maria Katris, cofounder and CEO of Built In. Speaking at the Economic Times World Leaders forum, Katris noted that the advancements in artificial intelligence (AI) will lead to increased job creation. Katris said that although there has been a tech recession the last two years, there will be a lot of job creation going forward. "India is going to be the future for tech innovation," Katris added. Speaking during the startup panel "Catalysts of Change: Crafting the Future Through Startups", Nikhil Goel, CCO, Archer Aviation and cofounder of Uber Elevate, said India has an opportunity for better infrastructure. Also Read | ET World Leaders Forum | UPI market share cap not a problem, there is scope for everyone: Google Pay VP "India has an incredible history, if you look empirically, of leapfrogging into new technologies. Over the last year, venture capital investors are seeing value in India's market and are excited about the opportunity here," Goel said. Expressing strong optimism on the growth of UPI in India, Keshav Reddy, founder and CEO of Equal, said that the number of such transactions is set to increase significantly. "UPI transactions will cross $100 billion a month in a couple of years," Reddy said. He praised UPI as one of the world's most advanced digital payment systems, surpassing even China's.
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Maria Katris, CEO of Built In, predicts that AI will lead to increased job creation and transformation of existing roles. She emphasizes the need for upskilling and reskilling to adapt to the changing job market.
AI's Impact on Job Creation and Transformation
In a recent interview at the ET World Leaders Forum, Maria Katris, CEO of Built In, shared her optimistic outlook on the future of employment in the age of artificial intelligence (AI). Contrary to widespread concerns about job displacement, Katris firmly believes that AI will lead to increased job creation and the transformation of existing roles 1.
The Evolution of Job Roles
Katris emphasized that while some jobs may become obsolete, new positions will emerge to support and complement AI technologies. She pointed out that roles such as prompt engineers and AI ethicists are already in high demand, showcasing the evolving nature of the job market 2.
Upskilling and Reskilling: Key to Adaptation
The Built In CEO stressed the importance of continuous learning and adaptation in the face of technological advancements. She urged professionals to embrace upskilling and reskilling to remain relevant in the changing job landscape. Katris noted that individuals who proactively acquire new skills and knowledge will be better positioned to thrive in the AI-driven economy 1.
AI as a Productivity Enhancer
Katris views AI as a tool to augment human capabilities rather than replace them entirely. She believes that AI will enhance productivity across various sectors, allowing professionals to focus on higher-value tasks that require creativity, critical thinking, and emotional intelligence 2.
The Role of Education and Training
The interview highlighted the crucial role of educational institutions and companies in preparing the workforce for the AI era. Katris emphasized the need for updated curricula and training programs that align with the evolving demands of the job market. She encouraged collaboration between industry and academia to ensure that graduates are equipped with the skills necessary to succeed in an AI-driven workplace 1.
Ethical Considerations and Responsible AI Development
Katris also touched upon the importance of ethical considerations in AI development and deployment. She stressed the need for responsible AI practices and the creation of roles focused on ensuring fairness, transparency, and accountability in AI systems. This emphasis on ethics highlights the multifaceted nature of job creation in the AI field 2.
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